January 31, 2019

BCRA updated the minimum capital requirements and liquidity coverage ratio (LCR) rules under the Basel standards for banks. BCRA also published updates related to certain aspects of the information transparency regime.

The key topics updated under the LCR rules cover authorities of financial entities, minimum capital requirements of financial institutions, guidelines for risk management in financial entities, and net stable funding ratio (NSFR). Under the minimum capital requirements rules, the key updates are related to aggregation of data on risks and preparation of reports, credit assistance to non-financial credit providers, authorities of financial institutions, authorization and composition of the capital of financial institutions, and assignment of credit portfolio. With regard to the information regime, the updates are on the following topics:

  • Monthly Accounting Information System on minimum capital requirement and integration
  • Information Regime for quarterly/annual supervision
  • Monthly Accounting Information System on minimum cash and application of resources
  • Monthly Accounting Information System on large exposures to credit risk
  • Prevention of money laundering, financing of terrorism, and other illicit activities

 

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Keywords: Americas, Argentina, Banking, Capital Requirements, LCR, Disclosures, NSFR, BCRA